“People will do whatever they can to find a world in which they can predict the outcomes of their actions and the consequences of those outcomes”, Howard Stevenson wrote in a Harvard Business Review essay of 1995. A profound observation I must say. And over the years our quest for predictability has only increased. We […]
I believe knowledge and understanding is leverage for anyone who has it. I tend to think about a lot of things at different times. My last week’s newsletter made this clear as well. For about 3 days on a roll, I’ve been thinking about the idea of God as a scientist. The truth is that […]
#NairaLifeLesson: What You Earn Is Not A Reliable Measure Of Wealth In this week’s #NairaLife by Zikoko, a message that I’ve always preached on this blog comes with an astonishing example. She’s a project manager (I will call her Cynthia) and earns about N42m per year or $110,000. Yet, she only has a paltry in terms of […]
One of the common questions I get is how do I manage to do all that I do (and I do a lot) with my 9 – 5 job. I know a lot of people want to do the same but they’ve not been able to for a reason known to them and which I […]
Accumulating material wealth has never been easier. Historically, you need large capital or land to start with. Now you can start with nothing and make something out of it. A few examples: You can learn a skill, and sell your skill leveraging the internet You can develop capability, and with the capability to get a […]
Let’s start with a needed disclosure, I am no relationship expert. Lol. I am only someone who seeks to guide everyone on the path to create generational wealth. I am doing this as I build my own. Valentine is a symbol of love. My girlfriend and I always look forward to it. We like the […]
Our wealth as individuals is intricately tied to our environment. The sooner we realize this, the better for us. In our last instalment, we established that humans do “default to the truth” with an anecdotal account of the Bernie Madoff scandal. If you are reading this, it is either you are a HENRY (High Earners […]
In “Talking To Strangers”, Malcolm Gladwell wrote about our tendency to “default to the truth.” Humans have a proclivity to believe the best in outcomes even when facts say otherwise. The facts are glaring but we fail to admit them. Our tendency to default to truth might be as a result of limited financial education […]
Not up to two weeks ago, I answered the question is too late to buy bitcoin in this article. Then Bitcoin was trading at $30,000. Today it is trading that $42k after the news that Tesla (Elon Musk) invested $1.5B in Bitcoin already. As I noted in the tweet below, great assets are never too expensive […]
At the peak of the event that was GameStop, an acquaintance reached to me to enquire if it was alright for her to buy GameStop stock. I cautioned immediately and advised against it. What became of GME stock afterwards was that of premium tears for the uninitiated. I have a saying for which I have been […]